Payel Dutta: Here’s one way to make the Internet of Things a connected reality

Blockchain is a simple yet powerful idea, but developing solutions that actually address real-world use cases in a better way than current systems hasn’t been straightforward. Technologies can sound like breakthroughs on paper until the underwhelming beta arrives.

The world of the Internet of Things (IoT) is no different as far as overpromising and underdelivering is concerned. From thermostats to vehicle sensors, the number of deployed IoT devices is set to mushroom. Now the challenge is to harness the data these devices generate to make our cities and lives smarter.

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